No, if you complete an application to get one of the loans offered by Funding Circle, you won’t get an impact on your credit score. However, you’ll need to have a high credit score and meet the other requirements to have a chance of qualifying.

Yes. You’ll need a higher-than-average credit score to have a chance of qualifying. So, you’ll need a FICO credit score of at least 660 if you’re a business owner. Plus, you’ll need to have at least two years in business with your company to qualify.

Funding Circle can be a good option for businesses that have been around for a long and have established credit and financial stability. If you have a business just starting out, you may find it hard to get approved for the various loan options offered by Funding Circle.

When applying with Funding Circle, you won’t have to pay anything or make any commitments right away. But this doesn’t include the real costs of completing your loan application and getting approved to use the loan.